Waterfront Market

Lake Norman Waterfront HomesIn January 2012 13 waterfront homes sold in the Lake Norman area, a 38.1% decrease from the 21 waterfront homes sold in December 2011. January 2012 waterfront sales figures decreased 18.75% from January 2011 when 16 waterfront homes sold in the Lake Norman area.

The average sales price decreased 3.5% from $659,457 in December 2011 to $636,245 in January 2012. January 2012 average sales price decreased 13.8% from the January 2011 average sales price which was $737,968.

Average days on the market decreased from 223 in December 2011 to 180 in January 2012, a 19.3% decrease in market time. January 2011 average days on the market were 184, a 2.1% decrease in market time.

Currently there are 287 Lake Norman waterfront homes listed in the MLS with 16 of those under contract, up 6.7% from December. The average list price is $1,013,313, down 2.9% from December. The lowest priced Lake Norman waterfront home is listed at $190,000 and the highest priced Lake Norman waterfront home is listed at $5,900,000.

Lake Norman Waterfront HomesIn December 2011 21 waterfront homes sold in the Lake Norman area, a 61.5% increase from the 13 waterfront homes sold in November 2011. December 2011 waterfront sales figures decreased 30% from December 2010 when 30 waterfront homes sold in the Lake Norman area.

The average sales price increased 18.3% from $557,269 in November 2011 to $659,457 in December 2011. December 2011 average sales price increased 5.2% from the December 2010 average sales price which was $627,050.

Average days on the market increased from 193 in November 2011 to 223 in December 2011, a 15.5% increase in market time. December 2010 average days on the market were 180, a 7.2% increase in market time.

Currently there are 261 Lake Norman waterfront homes listed in the MLS with 15 of those under contract, down 28.6% from November. The average list price is $1,043,065, down 2.2% from November. The lowest priced Lake Norman waterfront home is listed at $139,900 and the highest priced Lake Norman waterfront home is listed at $5,900,000.

Lake Norman Waterfront HomesIn November 2011 13 waterfront homes sold in the Lake Norman area, a 51.9% decrease from the 27 waterfront homes sold in October 2011. November 2011 waterfront sales figures decreased 50% from November 2010 when 26 waterfront homes sold in the Lake Norman area.

The average sales price decreased 25.2% from $744,986 in October 2011 to $557,269 in November 2011. November 2011 average sales price decreased 43.7% from the November 2010 average sales price which was $988,961.

Average days on the market increased from 193 in October 2011 to 193 in November 2011, a 0% increase in market time. November 2010 average days on the market were 198, a 2.5% decrease in market time.

Currently there are 276 Lake Norman waterfront homes listed in the MLS with 21 of those under contract, down 34% from October. The average list price is $1,066,194, up 8.2% from October. The lowest priced Lake Norman waterfront home is listed at $195,000 and the highest priced Lake Norman waterfront home is listed at $8,00,000.

Lake Norman Waterfront HomesIn October 2011 27 waterfront homes sold in the Lake Norman area, a 12.9% decrease from the 31 waterfront homes sold in September 2011. October 2011 waterfront sales figures increased 50% from October 2010 when 18 waterfront homes sold in the Lake Norman area.

The average sales price decreased 13.7% from $862,873 in September 2011 to $744,986 in October 2011. October 2011 average sales price decreased 20.1% from the October 2010 average sales price which was $932,250.

Average days on the market increased from 147 in September 2011 to 193 in October 2011, a 31% increase in market time. October 2010 average days on the market were 149, a 29.5% increase in market time.

Currently there are 339 Lake Norman waterfront homes listed in the MLS with 32 of those under contract, up 10% from September. The average list price is $985,244, down .75% from September. The lowest priced Lake Norman waterfront home is listed at $160,000 and the highest priced Lake Norman waterfront home is listed at $8,00,000.

Lake Norman Waterfront HomesIn September 2011 31 waterfront homes sold in the Lake Norman area, a 55% increase from the 20 waterfront homes sold in August 2011. September 2011 waterfront sales figures increased 55% from September 2010 when 20 waterfront homes sold in the Lake Norman area.

The average sales price increased 5.1% from $821,375 in August 2011 to $862,873 in September 2011. September 2011 average sales price increased 51.1% from the September 2010 average sales price which was $571,108.

Average days on the market decreased from 207 in August 2011 to 147 in September 2011, a 29% decrease in market time. September 2010 average days on the market were 164, a 10.4% decrease in market time.

Currently there are 389 Lake Norman waterfront homes listed in the MLS with 29 of those under contract, down 12% from August. The average list price is $992,739, up 2.3% from August. The lowest priced Lake Norman waterfront home is listed at $160,000 and the highest priced Lake Norman waterfront home is listed at $8,00,000.